African rare earths to feed Australian taxpayer-backed refinery
Iluka would also lend $US20 million ($30.8 million) to Lindian to help pay for the construction of the Kangankunde mine in the landlocked, East African nation of Malawi.
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News.com.au
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- News.com.au
Stock Tips: A gold player, a blue-chip beast and bikes rev up this week
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Andrew Eddy – Morgans Financial BUY Minerals 260 (ASX:MI6) Offers significant gold resource growth potential, clear M&A appeal and a path to production. Not without risk but seeing significant upside potential. Motorcycle Holdings (ASX:MTO) Has acquired profitable dealerships, expanded into new markets and strengthened its e-commerce capabilities, positioning itself for significant growth. HOLD Transurban Group (ASX:TCL) Offers stable returns with high-quality toll road assets, driven by population growth, economic development and strong pricing power through toll escalations. James Hardie (ASX:JHX) The highest quality building products business on the ASX, with strong returns on capital and a dominant market position. Just need to see an improving housing outlook in the US to become more bullish. SELL Santos (ASX:STO) Investors might consider taking some money off the table with Santos with limited upside to bid price but there are significant risks and hurdles for a deal to be completed. Cochlear (ASX:COH) Company recently downgraded guidance on slower growth in services and Cochlear Implant uptake. Still a quality stock but further downside earnings risks remain. Dylan Evans – Catapult Wealth BUY Wesfarmers (ASX:WES) Has reported good results in difficult conditions for retail. Should continue to do well as consumers benefit from easing inflation and falling rates. National Storage REIT (ASX:NSR) Well placed for growth, with modest debt and less than a 20% share of the fractured self-storage market. The recent takeover bid for its listed competitor Abacus is also positive for valuation. HOLD Telstra (ASX:TLS) Finally finding some momentum and growth across its two core divisions, mobile and InfraCo. Its leading mobile network remains a valuable asset, one which Telstra should be able to capture more value from. Challenger (ASX:CGF) Has been a disappointing investment for many years, but there are some positive tailwinds emerging. These include super moving from accumulation to retirement income, and government requirements for the development of alternative retirement income products. SELL Vicinity Centres (ASX:VCX) Operates a portfolio of well-located shopping centers across Australia. Occupancy is high but may see some pressure from a trend of retailers consolidating smaller stores into larger flagship locations. Iluka Resources (ASX:ILU) Iluka's move into rare earths represents a new direction for the company that will demand significant capital and is unlikely to contribute to earnings for many years. In the meantime, the core mineral sands business is volatile and uncertain.
News.com.au
a day ago
- News.com.au
Aussie buyers shrug off interest rate fears
Interest rates are no longer the biggest factor holding buyers back, with a new national survey showing nearly half of Australians who bought or sold in the past year weren't influenced by rates at all. The 2025 State of Real Estate report by proptech firm InfoTrack found only 29 per cent of respondents said rates had a significant or considerable impact on their decision — a sharp drop from 62 per cent in 2024. 'In last year's report, two-thirds cited interest rates as a major factor influencing their decision-making process. But in 2025, that number has dropped significantly,' InfoTrack's head of property Australia, Lee Bailie, said. 'The finding challenges the idea that interest rates are stopping people from buying or selling. Instead, Australians are staying active in the market but adapting to current conditions.' For those affected by rates, the biggest impacts were on budget (43 per cent) and the type of property they could afford (32 per cent). The move comes as the ASX traded at a 51 per cent expectation of a 0.5 percentage point cut to the official cash rate to 3.35 per cent when the Reserve Bank of Australia (RBA) meets Tuesday. It's a bolder prediction than any of Australia's big 4 banks, with CBA, NAB, Westpac and ANZ all sitting on a 0.25pp decrease. Bendigo Bank's chief economist David Robertson predicted quarterly cuts down to around 3-3.25 per cent by February 2026. 'A month of from the RBA surprising markets by keeping rates on hold, insisting they wanted more evidence of moderating inflation, we'e seen nothing but confirmation that inflation is at or below its target of 2.5 per cent, and that the risks of any rebound in underlying inflation have receded further,' Mr Robertson said. Brisbane property boom hits the skids InfoTrack's report shows affordability has now overtaken rates as the biggest hurdle, with 27 per cent of participants nominating property prices as their greatest obstacle, up six per cent from 2024 and the largest rise of any challenge. More than half (54 per cent) said prices had a significant or major impact on their decision, while 69 per cent said it determined where they bought. The report also found 59 per cent of buyers and sellers completed their transaction within three months, with regional areas proving especially popular with NSW buyers seeking affordability, space and flexibility through hybrid work.
The Age
a day ago
- The Age
Verdict on hotel at the centre of Queensland's most contentious site
Two storms were brewing when my plane landed in Brisbane in early March: a cyclone called Alfred, and one swirling over the future of the new Star Grand Brisbane hotel. The day I checked in, the ASX had automatically suspended trading on The Star Entertainment Group Ltd, after the company failed to lodge financial results. It seemed like the climax of an epic multi-year saga for the besieged company, which has been floundering in controversy, construction woes, and allegations of corruption for the past few years. So it was terrible timing for The Star to have a travel journalist arrive to review the hotel. But beyond the headlines and billion-dollar budget blowouts, it was worth asking the question: what is it really like to stay in the centrepiece hotel of one of the most contentious developments in Queensland's history, as it teeters on the edge of closure?
